New £185m Support Package for Scottish Businesses
The Scottish Government has announced a new £185m support package for Scottish Businesses. This will be targeted at a wide range of businesses including travel agents, the hospitality sector, the events sectors, indoor football centres, arts venues and taxi drivers.
There will also be additional, one-off payments made to hospitality businesses in January to help them deal with the post-Christmas decrease in demand. These one off-payments will be £2,000 or £3,000 depending on rateable value.
The funds will be allocated on a sector by sector basis and specifically targeted at those “most in need.” Specific support detailed in today’s announcement includes:
- £60m for the tourism sector, details of which will be developed in consultation with the industry
- £5 million for the wedding sector and its supply chain, including photographers
- one-off grants totalling £15 million for mobile close contact services, such as hairdressers
- a £19 million fund and one-off grants for taxi drivers
- £5 million for travel agents
- almost £6 million for coach companies and tour operators
- £1.5 million for visitor attractions
- £1.5 million for travelling show people ineligible for other support
- £1.8 million for brewers.
More details about this new package will be announced in the coming days and businesses will be able to apply for the new grant schemes in January.
https://www.gov.scot/news/new-gbp-185-million-package-for-business/
The information in this blog provides only an overview of Scottish Government guidance and legislation in force at the date of publication and no action should be taken without consulting the detailed Scottish Government guidance and legislation or seeking professional advice. Therefore no responsibility for loss occasioned by any person acting or refraining from action as a result of the material contained in this blog can be accepted by the firm.
Photo by Ross Sneddon on Unsplash
